Putting in offers

4 Replies

Anything is an offer, verbal, email, text. That's an offer on a property. A legally binding contract and formal offer is different. 

If you want the property send them an actual contract with your offer price and terms.

Guaranteed Rate
Guaranteed Rate is a top mortgage lender
Save $1,290 on your next home – no lender fee*
Get special perks like $1,290 in lender fee savings when you buy a second home with Guaranteed Rate.
Apply Now

Hi Michael- I send seller's a 1-page Purchase Agreement. It contains my offer price plus the term. I purposely keep this document short, very simple and easy to read. If it is too long, too complicated or contains too much legal content, then I find that most seller's are afraid or worried to sign it.

Remember, the Purchase Agreement needs to contain just enough information so that you can lock up the property under contract.

Good Luck to you!